It was from this lesson that legislators began to understand the need to put away large percentages of their oil profits and to not depend so much on spending that cash flow. After the recession of the 1980s, Norway drastically re-examined its oil policy from both a fiscal and regulatory perspective. Up into the late 1980s, "foreign oil policy followed what was called a 'purely commercial line.' That is, it

Cross-Boundary Offshore Oil & Gas Resources Joint Development Agreements & Frameworks 1/6/2014 [Type the company name] User Table of Contents 1. Introduction 3 2. The rule of capture 3 3. The CooperationApproach 4 4. Legal framework to develop trans-boundary offshore O&G resources 5 4.1 Cross-border unitization agreements 6 4.2 Joint Development Agreements (JDA) 6 4.3 National law and its application in Co-operative Agreements 7 4.4 Bilateral treaties for trans-boundary oil and gas exploration 7 4.5 The Framework Agreement Approach 9 4.6 The Third Party approach

Marine Insurance The concept of Marine insurance is something that has been developing at a fast rate of late. (Marine Insurance: Barlow, Lyde and Gilbert) What exactly is insurance and how long has the concept been recognized? Insurance can be defined as a form of provision of a safety net for the distribution of risks. This is generally made in the form of a financial provision that is meant to protect

On the other hand, Harris suggests that some observers believe high turnover among employees is "not only inevitable, but also desirable… [because] employee mobility within the industry promotes workforce flexibility, allowing employees to acquire and develop new skills as they move through different organizations" (73). Harris takes it one step further when he reports that the "acquisition of transferable skills" has a powerful appeal to the "entrepreneurial aspirations of hospitality

At the time, the industry sought to examine both oil pollution in general and ocean dumping as well as land-based sources of ocean pollution. According to Wang, "More significant was the rapid technological development in the design of large-sized oil tankers which required constant rule changes. By 1973 it was evident that the 1954 convention provisions were inadequate or outdated, and by then the likelihood of the 1954 convention